SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Kentucky Avenue School
, PA · Independent school
THE READ · FREE SUMMARY
Kentucky Avenue School shows signs of real financial distress. Reserves cover 4 months of operating expense, a thin runway. Revenue is 82% tuition-dependent (peer median 80%), concentrated but in line with most independent day schools. Staff compensation runs 80% of expenses, generous relative to peers. Three-year net-asset trend is negative (-16.1%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: -0.6 / 10, distressed.
Kentucky Avenue School holds only 4 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.
Kentucky Avenue School reported $794K in revenue against $952K in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $283K — about 0.30x annual operating expense.
Operating margin landed at -19.9%, with 81.7% of revenue coming from tuition. Among same-size peers, that puts Kentucky Avenue School at the p7 on operating margin.
$794K
REVENUE FY2023
-19.9%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Kentucky Avenue School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Kentucky Avenue School ranks 18th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
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